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Table 11-8 represents the monthly output of five companies in the electric scooter manufacturing industry. Minimum efficient scale in this industry is a monthly output
Table 11-8 represents the monthly output of five companies in the electric scooter manufacturing industry. Minimum efficient scale in this industry is a monthly output of 27,000 electric scooters, and the industry has a typical U-shaped long-run average cost curve with no constant returns to scale
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
